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| 11.3 |  | **Liability Insurance** |






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|  | 11.3.1 |  | Each Purchaser shall ensure that for the period of two years from the relevant
Delivery Date in respect of each Aircraft, the relevant Lessee shall be required to
maintain insurances under the terms of the relevant Novated Lease in accordance with
the requirements of the Lease Novation. |
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|  | 11.3.2 |  | Each Purchaser shall ensure that the Lessee in respect of each Aircraft is required
under the terms of the relevant Novated Lease to provide the relevant Seller with a
copy of any renewal or replacement certificate in accordance with Clause 0 whilst such
insurance coverage remains in force. |